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Ratings and Rating Scales Are Commonly Used in Police Performance

question 14

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Ratings and rating scales are commonly used in police performance appraisal. The recommended method for making these as objective as possible is:


Definitions:

Loan

A sum of money that is borrowed and is expected to be paid back with interest.

Asset's Market Value

The current price at which an asset can be bought or sold in a marketplace, reflecting the value assigned to it by the market participants.

Cash Received

The amount of money received by a business or individual in a given period.

Historical Cost

The original monetary value of an asset or investment at the time of its purchase or acquisition.

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